Keyvan Mohajer - 16 Jun 2023 Form 4 Insider Report for SOUNDHOUND AI, INC. (SOUN)

Signature
/s /Warren Heit, attorney-in-fact for MOHAJER KEYVAN
Issuer symbol
SOUN
Transactions as of
16 Jun 2023
Net transactions value
-$5,055,871
Form type
4
Filing time
21 Jun 2023, 21:24:27 UTC
Previous filing
13 Mar 2023
Next filing
04 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOUN Class A Common Stock Sale $685,236 -192,099 -18% $3.57 882,901 20 Jun 2023 Direct F1
transaction SOUN Class A Common Stock Sale $119,060 -32,522 -3.7% $3.66 850,379 21 Jun 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SOUN Class B Common Stock Sale $2,854,856 -812,539 -4.9% $3.51 15,826,525 16 Jun 2023 Class A Common Stock 812,539 Direct F3, F4
transaction SOUN Class B Common Stock Sale $1,396,719 -387,461 -2.4% $3.60 15,439,064 20 Jun 2023 Class A Common Stock 387,461 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades during the day at prices ranging from $3.52 to $3.67. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
F2 The sale reported herein was made to satisfy tax withholding obligations in connection with the settlement of shares of restricted stock units granted to the reporting person on July 20, 2022 and September 7, 2022.
F3 Each share of Class B Common Stock is convertible into one share of Class A Common Stock at any time at the option of the reporting person or automatically or on the earliest to occur of certain events specified. The Class B Common Stock has no expiration date.
F4 On June 16, 2023, the reporting person directed the sale of 812,539 shares of his Class B Common Stock, resulting in the automatic conversion of such shares into Class A Common Stock upon execution of the sale. This transaction was executed in multiple trades during the day at prices ranging from $3.40 to $3.67. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
F5 On June 20, 2023, the reporting person directed the sale of 387,461 shares of his Class B Common Stock, resulting in the automatic conversion of such shares into Class A Common Stock upon execution of the sale. This transaction was executed in multiple trades during the day at prices ranging from $3.47 to $3.74. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.